XIANMEN BANK(SH:601187)2022-03-29 16:00Financial Performance - The total operating income for 2021 was CNY 5,315,527,000, a decrease of 4.32% compared to CNY 5,555,613,000 in 2020[43]. - The net profit attributable to shareholders of the parent company for 2021 was CNY 2,168,598,000, an increase of 18.99% from CNY 1,822,567,000 in 2020[43]. - The company's total assets exceeded 300 billion, reaching 329.5 billion RMB, a year-on-year increase of 15.55%[18]. - Net profit increased by 19.23% year-on-year, reflecting improved operational efficiency[18]. - The total customer loans and advances amounted to CNY 175,039,818,000, representing a 24.45% increase from CNY 140,646,890,000 in 2020[45]. - The total deposits increased to CNY 183,800,938,000, a rise of 19.17% compared to CNY 154,237,929,000 in 2020[45]. - The basic earnings per share for 2021 was CNY 0.80, up 6.67% from CNY 0.75 in 2020[47]. - The non-performing loan ratio improved to 0.91% as of December 31, 2021, down from 0.98% in 2020[50]. - The capital adequacy ratio as of December 31, 2021, was 10.47%, a decrease of 0.87 percentage points from 11.34% in 2020[50]. - The weighted average return on equity for 2021 was 10.98%, a slight decrease of 0.25 percentage points from 11.23% in 2020[47]. - The net interest margin for 2021 was 1.62%, down 0.03 percentage points from 1.65% in 2020[47]. Strategic Initiatives - The company has implemented a three-year strategic plan (2021-2023) to enhance its market position and service offerings[8]. - The company aims to deepen its strategic initiatives and maintain focus on its market positioning in the coming years[15]. - The company is focused on high-quality development, aiming to support local economies and small businesses while leveraging its Taiwanese background and regional advantages[15]. - The company has established a professional wealth advisory team, resulting in a 26% year-on-year growth in personal financial assets[22]. - The company has established specialized teams and branches to enhance services for small and micro enterprises, improving the overall service quality[75]. Customer Growth and Services - Retail customer base increased by 13%, and mobile banking signed customers grew by 26%[19]. - The number of small and micro enterprise loan customers increased by 22%, with loan balances rising by 29%[22]. - The number of Taiwan enterprise customers grew by 52%, with loan balances increasing by 114%[23]. - The company has seen a 48.08% increase in deposits and a 133.92% increase in loans from strategic clients compared to the previous year[84]. - The company launched the "E Loan" product series to meet diverse financing needs, leveraging tax data to optimize credit loan products[111]. Social Responsibility and Community Support - The company emphasized social responsibility by supporting small and micro enterprises and achieving regulatory targets for inclusive finance[15]. - The company actively participated in pandemic response efforts, forming a "Youth Anti-Epidemic Team" to support local economic recovery[15]. - The company has reduced fees and provided financial relief amounting to 273 million yuan to market entities and the public during the reporting period[81]. - The company has implemented a dedicated credit plan for small and micro enterprises, resulting in a significant increase in the allocation of credit resources to these businesses[74]. Digital Transformation and Innovation - The company is committed to digital banking and green finance, introducing products like "Green Garden Loan" and "Green Easy Loan" to promote sustainable development[15]. - The company’s digital employee project, which applies robotic process automation (RPA) technology, significantly improved operational efficiency and reduced management costs[139]. - The company has launched a series of technology financial products, including technology loans and intellectual property loans, to improve financing conditions for SMEs with core technologies[93]. - The company established a technology team embedded within business units to enhance efficiency in information system construction, leading to a 21.83% increase in corporate electronic channel customers and a 32.14% increase in active customers compared to the beginning of the year[104]. Risk Management and Compliance - The company has strengthened its corporate governance and risk management practices to ensure compliance and operational stability[9]. - The non-performing loan ratio remained low at 0.25%, reflecting strong risk management practices[127]. - The company has improved its compliance and internal control management, becoming one of the six city commercial banks recognized as a foundational member of the foreign exchange market self-regulatory mechanism[138]. - The company has established a robust internal control and risk management system, maintaining good asset quality over the years[154]. Financial Products and Offerings - The company launched the "企金税 e 贷" product, enabling online applications and automatic approvals, which has streamlined the lending process for small businesses[78]. - The company has introduced region-specific financial products to support local economic development, such as "泉州石财贷" and "漳州台农贷"[78]. - The company's green loan balance increased by 116.73% compared to the beginning of the year, primarily allocated to agricultural waste resource utilization, urban public transportation system construction, and recycling of waste resources[91]. - The company achieved a bond trading volume of 36.07 billion yuan through the "Bond Connect" program, a year-on-year increase of 131%[132].